Steve Easterbrook: 5 Things to Know About McDonald’s New CEO

He's helped grow two other brands

Steve Easterbrook has been named the new McDonald’s (MCD) CEO.

McDonald's New CEOThe 47-year-old is replacing Don Thompson as the company’s first British CEO. Here are five things to know about Easterbrook:

  • The North London native attended Watford Boys Grammar School and lated studied natural sciences at Durham University.
  • Easterbrook joined McDonald’s in 1993 as a financial reporting manager in London. He rose through the ranks over the following 18 years, serving as a regional vice president, boss of McDonald’s UK, and president of McDonald’s Europe.
  • His 2011 departure from the company gave way to a new opportunity as the head of a UK chain. PizzaExpress hired Easterbrook as CEO and he helped the company grow from 400 to 600 outlets.
  • The Brit left PizzaExpress after a brief stint and became Wagamama CEO in 2012. The noodle chain also grew during Easterbrook’s tenure.
  • He returned to McDonald’s in 2013 as the company’s global chief brand officer role.

MCD stock is up 4.9% Thursday afternoon.

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Article printed from InvestorPlace Media, https://investorplace.com/2015/01/steve-easterbrook-mcdonalds-ceo/.

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